The regulator had conducted an inspection of Karvy Investor Services last year, during its onsite visit it found that it was not functioning both at the registered as well as in the correspondence address.
Small-caps win FY24 fair and square. Who will ace the next round
Market experts expect the strong trend exhibited by mid- and small-cap indices to reverse going into FY25 as concerns of #39;frothy#39; valuations by Sebi and mutual funds#39; stress test results cast a shadowTaking Stock: Market nears record high on final trading day of FY24
For the March FO series and for a month, the Nifty50 index gained 1.6 percent, while in the FY24 the index surged by 28.6 percentFIIs#39; return, strong global cues among 5 factors driving Sensex, Nifty up 1% in final session of FY24
Sharp rally in index heavyweights such as Bajaj Finserv, ICICI Bank, Hero MotoCorp, and JSW Steel lifted the Nifty above 22,450Gold slips as dollar, bond yields firm after Fed official comment
The dollar was up 0.1% against its rivals, making gold more expensive for other currency holder, while yields on 10-year Treasury notes also rose.
Yen on intervention watch; Asia shares subdued
Markets were largely rangebound ahead of Friday’s much-anticipated U.S. core personal consumption expenditures (PCE) price index data, the Federal Reserve’s preferred measure of inflation. Few markets will be open to digest the new reading, however, given the long Easter weekend in many countries.
FTSE keeps India, Korea on hold in indexes, adds Portugal
The index provider will add Portugal to the FTSE World Government Bond Index effective November and remove Switzerland from the upgrade watch list, according to a statement released Wednesday after markets closed in New York.
Nifty, Sensex end higher on buying in realty, infra stocks; analysts advise wait-and-watch stance
Given the shortened trading week, coupled with the monthly derivatives expiry and upcoming global economic data, analyst advised investors to adopt a cautious wait-and-watch stance in the near term.Taking Stock: Bulls back in action; Nifty above 22,100, Sensex gains 526 points
Biggest gainers on the Nifty were RIL, Maruti Suzuki, Bajaj Auto, Bajaj Finance and Titan Company, while losers included Hero MotoCorp, Tata Consumer Products, Apollo Hospitals, Dr Reddy#39;s Labs and WiproMid-day Mood | Sensex, Nifty extend gains, volatile trading on cards ahead of FO expiry
Investors await the US initial jobless claims data and consumer sentiment data due to be released on March 28.